Quintet Private Bank has appointed Eli Leenaars as group chief operating officer and member of the authorised management committee.
Leenaars’ appointment has been approved by the European central bank and Luxembourg’s Commission de Surveillance du Secteur Financier.
He will oversee key functions such as operations, IT, corporate communications, marketing, and also real estate.
Most recently group managing director and vice-chairman, global wealth management, at UBS, Leenaars brings more than 30 years of experience in the field. He replaces Colin Price.
Leenaars, a Dutch national, earlier served for nearly a quarter-century at ING Group, where he rose to the position of member of the Executive Board of ING Group, ING Bank and ING Insurance. In that capacity, he was CEO, ING Retail & Private Banking, and CEO, ING Direct.
“Eli is a natural leader who brings out the best in the people around him,” said Jakob Stott, Group CEO and member of the Board of Directors at Quintet Private Bank. “He solves problems in partnership, inspires others through the clarity of his vision and always puts client interests first. Eli has particularly broad experience applying technology in financial services. I look forward to welcoming him to the Quintet family and working with him to realize our very ambitious goals.”
“After decades of service at large organizations, I am eager to put my experience and energy to work at this highly entrepreneurial firm,” said Leenaars. “Quintet is led by great people who recognize the importance of both strategy and culture – and who know that nothing is more important than doing the right thing for the individuals and families we serve. I can’t wait to get started.”